PANACEA LIFE SCIENCES HOLDINGS, INC. (PLSH)
Panacea Life Sciences Holdings, Inc. operates as an integrated research and production firm, specializing in cannabinoid and nutraceutical products across the entire supply chain, from sourcing to final sale. Its core mission is to develop and deliver natural, pharmaceutical-grade alternatives for both human and pet consumption. The company's diverse product range encompasses items such as softgels, edible gummies, liquid tinctures, sublingual tablets, and a variety of cosmetic and topical applications. In addition to these offerings, the company is involved in the personal protective equipment (PPE) market, importing and distributing hand sanitizers and masks. Panacea Life Sciences also provides white-label and contract manufacturing services to other cannabinoid companies, sells raw materials, and manages tolling arrangements. Established in 2008, the company is headquartered in Greenwood Village, Colorado.
Sector: Medicinal Chemicals & Botanical Products
Industry: Drug Manufacturers - Specialty & Generic
Panacea Life Sciences Holdings, Inc.
OTC:PLSHHealthcare · Drug Manufacturers - Specialty & Generic
-5.00%$0.0798
Mkt Cap$1.41M
Float14.81M
O/S17.65M
Inst Own-
SI0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$911K
Net Income-$417K
Total Assets$5.6M
Free Cash Flow$617K
Debt & Equity
Debt 4%
Equity 96%
Preferred 0%
Total Debt$215K
Total Equity$5.38M
Preferred Stock$1K
Shares Outstanding
Short Interest
Split History1 split
- 20:1Forward splitDec 28, 20161 share → 20
Balance Sheet Details
Assets$5.6M
Liabilities$215K
Accounts Receivable$0
Accounts Payable$0
Inventory$3.28M
PP&E (Net)$1.41M
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
| Revenue | $911K | $4.11M | $2.38M | $1.63M | $2.06M | $9.02M | $346K | $0 | $0 | $0 | $213 |
| YoY Growth | -77.8% | 72.2% | 46.6% | -21.0% | -77.2% | 2508.7% | - | - | - | - | - |
| Cost of Revenue | $2.13M | $1.26M | $6.47M | $1.23M | $1.52M | $7.02M | $2.05M | $0 | $0 | $0 | $21K |
| Gross Profit | -$1.22M | $2.85M | -$4.09M | $396K | $541K | $2M | -$1.7M | $0 | $0 | $0 | -$20K |
| Gross Margin | -133.9% | 69.4% | -171.5% | 24.4% | 26.2% | 22.2% | -491.9% | - | - | - | -9583.1% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $22K | $300K | $356K | $369K | $77K |
| Selling, General, and Administrative | $534K | $5.42M | $1.46M | $1.09M | $1.52M | $2.81M | $8.95M | $2.14M | $1.64M | $1.23M | $290K |
| Other | $0 | $0 | $5.21M | $4.7M | $4.56M | $4.45M | $0 | $0 | $0 | $0 | $291K |
| Total Operating Expenses | $534K | $5.42M | $2.37M | $5.79M | $6.08M | $7.26M | $8.97M | $2.44M | $2M | $1.6M | $367K |
| Operating Income (EBIT) | -$1.75M | -$2.58M | -$5.55M | -$5.4M | -$5.54M | -$5.26M | -$10.67M | -$2.44M | -$2M | -$1.6M | -$368K |
| Operating Margin | -192.6% | -62.7% | -232.5% | -331.8% | -269.0% | -58.3% | -3087.5% | - | - | - | -172976.5% |
| Interest Expense | $966K | $1.83M | $1.56M | $2.05M | $1.11M | $1.51M | $479K | -$464K | -$69K | $0 | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $1.34M | $1.99M | -$2.47M | -$3.49M | $1.15M | $26K | $654K | -$1.9M | -$1.86M | -$6K | $10K |
| Income Before Tax (EBT) | -$417K | -$583K | -$8.02M | -$9.14M | -$4.78M | -$5.23M | -$10.02M | -$4.34M | -$3.86M | -$1.6M | -$358K |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3 |
| Net Income | -$417K | -$583K | -$8.02M | -$11.1M | -$6.12M | -$6.99M | -$9.48M | -$4.34M | -$3.86M | -$1.6M | -$358K |
| Net Income Margin | -45.8% | -14.2% | -336.1% | -682.1% | -297.3% | -77.6% | -2742.8% | - | - | - | -168064.3% |
| Supplementary Data | |||||||||||
| EPS | -0.01 | -0.03 | -0.48 | -0.75 | -0.34 | -0.41 | -7.83 | -25.49 | -0.23 | -18.68 | -156.61 |
| Diluted EPS | -0.01 | -0.03 | -0.48 | -0.75 | -0.34 | -0.41 | -7.83 | -25.49 | -0.23 | -18.68 | -156.61 |
| Weighted Average OS | 59.47M | 18.43M | 16.63M | 14.86M | 17.82M | 16.92M | 1.21M | 170,144 | 16.87M | 85,806 | 2,286 |
| EBITDA | $18K | $2.39M | -$4.75M | -$5.36M | -$2M | -$2.09M | -$8.65M | -$3.48M | -$3.12M | -$1.6M | -$356K |
| EBITDA Margin | 2.0% | 58.3% | -199.0% | -329.6% | -97.2% | -23.2% | -2501.6% | - | - | - | -167300.5% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
| Assets | |||||||||||
| Current Assets | |||||||||||
| Cash and Cash Equivalents | $41K | $1.47M | $101K | $7K | $20K | $84K | $18K | $2K | $161K | $1.06M | $72K |
| Short-Term Investments | $0 | $3K | $15K | $1.11M | $3.79M | $2.85M | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $41K | $1.47M | $116K | $1.11M | $3.81M | $2.94M | $18K | $2K | $161K | $1.06M | $72K |
| Accounts Receivable | $0 | $233K | $264K | $706K | $744K | $147K | $202K | $0 | $0 | $0 | $7K |
| Inventory | $3.28M | $3.66M | $4.01M | $4.45M | $4.26M | $8.41M | $1.34M | $0 | $0 | $0 | -$79K |
| Other Current Assets | $0 | $0 | $263K | $113K | $0 | $27K | $871K | $0 | $0 | $0 | $79K |
| Total Current Assets | $3.32M | $5.36M | $4.66M | $6.38M | $9.1M | $11.52M | $2.43M | $14K | $173K | $2.08M | $79K |
| Long-Term Assets | |||||||||||
| Property, Plant & Equipment Net | $1.41M | $4.01M | $10.31M | $10.92M | $12.44M | $17.53M | $868K | $0 | $0 | $0 | $1K |
| Goodwill | $0 | $1.85M | $3.01M | $2.19M | $2.19M | $2.19M | $2.19M | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $61K | $123K | $184K | $0 | $0 | $50K | $0 |
| Long-Term Investments | $860K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $0 | $0 | $0 | $0 | $0 | $2.35M | $0 | $0 | $0 | $4K |
| Total Long-Term Assets | $2.27M | $5.85M | $13.33M | $13.11M | $14.69M | $19.84M | $5.59M | $0 | $0 | $50K | $6K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $5.6M | $11.22M | $17.98M | $19.49M | $23.78M | $31.36M | $8.02M | $14K | $173K | $2.13M | $85K |
| Liabilities | |||||||||||
| Current Liabilities | |||||||||||
| Accounts Payable | $0 | $4.68M | $4.28M | $2.3M | $1.69M | $1.77M | $1.9M | $0 | $0 | $0 | $75K |
| Short-Term Debt | $215K | $10.8M | $11.9M | $10.32M | $6.76M | $15.33M | $311K | $543K | $106K | $0 | $101K |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $368K | -$1.69M | -$2.03M | $215K | -$923K | -$735K | $0 | $0 |
| Other Current Liabilities | $0 | $0 | $3.26M | $0 | $0 | $0 | $1.39M | $3K | $2.28M | $58K | $2K |
| Total Current Liabilities | $215K | $15.48M | $19.45M | $15.07M | $10.07M | $18.26M | $3.81M | $3K | $2.39M | $625K | $178K |
| Long-Term Liabilities | |||||||||||
| Long-Term Debt | $0 | $3.57M | $3.57M | $3.57M | $3.26M | $2.7M | $100K | $100K | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $0 | $3.99M | $6.83M | $6.56M | $6.61M | $6.39M | $321K | $100K | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $215K | $19.47M | $26.27M | $21.63M | $16.68M | $24.65M | $4.13M | $3.44M | $2.39M | $625K | $178K |
| Stockholders' Equity | |||||||||||
| Preferred Stock | $1K | $1K | $1K | $852 | $853 | $102 | $953 | $1K | $1K | $1K | $0 |
| Common Stock | $6K | $2K | $2K | $1K | $1K | $2K | $4K | $623 | $4K | $3K | $2K |
| Retained Earnings | -$34.92M | -$34.51M | -$33.92M | -$25.91M | -$16.77M | -$11.98M | -$20.92M | -$10.54M | -$6.2M | -$2.34M | -$737K |
| Comprehensive Income & Other | $0 | $0 | -$385 | $0 | -$0 | -$128K | $66 | -$623 | -$280 | -$280 | $0 |
| Other Stockholders' Equity | $40.3M | $26.25M | $25.63M | $23.76M | $23.87M | $18.69M | $25.34M | $7.11M | $3.98M | $3.84M | $642K |
| Total Equity | $5.38M | -$8.25M | -$8.29M | -$2.14M | $7.1M | $6.71M | $4.43M | -$3.42M | -$2.22M | $1.5M | -$93K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | -$2.02M | -$537K | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $5.6M | $11.22M | $17.98M | $19.49M | $23.78M | $31.36M | $8.55M | $14K | $173K | $2.13M | $85K |
| Supplementary Data | |||||||||||
| Total Debt | $215K | $14.79M | $18.73M | $18.97M | $15M | $22.89M | $632K | $643K | $106K | $0 | $101K |
| Net Debt | $173K | $13.33M | $18.63M | $18.96M | $14.98M | $22.8M | $614K | $641K | -$55K | -$1.06M | $29K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
| Operating Activities | |||||||||||
| Net Income | -$417K | -$583K | -$8.02M | -$9.14M | -$4.78M | -$5.23M | -$9.48M | -$4.34M | -$3.86M | -$1.6M | -$358K |
| Depreciation & Amortization | $1.77M | $1.15M | $1.71M | $1.73M | $1.68M | $1.63M | $892K | $405K | $53K | $0 | $2K |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | -$1.32M | -$1.15M | $0 | $0 | $0 | -$85K |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $1.32M | $3.77M | $0 | $0 | $100K | $5K |
| Changes in Working Capital: | |||||||||||
| Accounts Receivable | $233K | $31K | $431K | $38K | -$97K | $152K | -$107K | $0 | $0 | $0 | -$213 |
| Inventory | -$95K | $352K | $297K | -$184K | -$548K | -$5.05M | -$2.86M | $0 | $0 | $0 | $0 |
| Accounts Payable | -$4.68M | $57K | $1.99M | $1.08M | $1.07M | $685K | $973K | $188K | $210K | $491K | $85K |
| Other Working Capital | -$94K | -$1.95M | $318K | $624K | $208K | $1.39M | $302K | $1.14M | $777K | $528K | -$2K |
| Total Working Capital Change | -$4.63M | -$1.51M | $3.03M | $1.56M | $632K | -$2.82M | -$1.7M | $1.14M | $777K | $528K | $82K |
| Other Non-Cash Items | $3.9M | $1.63M | $1.74M | $3.45M | -$1.45M | -$1.22M | $8.32M | $2.73M | $1.85M | $111K | -$375K |
| Net Cash from Operating | $617K | $689K | -$1.52M | -$2.4M | -$3.92M | -$7.65M | -$5.75M | -$466K | -$1.23M | -$963K | -$568K |
| Investing Activities | |||||||||||
| Capital Expenditures | $0 | -$41K | -$65K | -$244K | -$163K | -$3.2M | -$541K | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $1.38M | $0 | $0 | $9K | $120K | -$1.5M | $0 | $0 | $1K | $0 |
| Purchases of Investments | -$60K | $0 | $0 | $0 | $0 | $3.08M | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $47K | $446K | $120K | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | -$0 | $47K | $230K | -$120K | $0 | $0 | $0 | $1K | $0 |
| Net Cash from Investing | -$60K | $1.38M | -$65K | -$197K | $523K | -$3.08M | -$2.04M | $0 | $0 | $1K | $0 |
| Financing Activities | |||||||||||
| Debt Repaid | - | - | - | - | -$3.09M | -$2.02M | -$716K | -$257K | -$316K | - | - |
| Common Stock Issuance | $0 | $0 | $0 | $55K | $4.37M | $385K | $7.22M | $50K | $25K | $2M | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $1.44M | $0 | $0 | -$50K | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | -$904K | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | $1.68M | $0 | $0 | $273K | -$128K | $0 | $0 | $0 | $598K |
| Net Cash from Financing | -$1.98M | -$707K | $1.68M | $2.58M | $3.33M | $2.3M | $7.8M | $307K | $341K | $1.95M | $598K |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$1.43M | $1.37M | $94K | -$13K | -$65K | -$8.43M | $16K | -$159K | -$894K | $983K | $31K |
| Supplementary Data | |||||||||||
| Operating Cash Flow | $617K | $689K | -$1.52M | -$2.4M | -$3.92M | -$7.65M | -$5.75M | -$466K | -$1.23M | -$963K | -$568K |
| Capital Expenditure | $2 | -$5 | -$65K | -$244K | -$163K | -$3.2M | -$541K | $0 | $0 | $0 | $0 |
| Free Cash Flow | $617K | $689K | -$1.59M | -$2.64M | -$4.09M | -$10.85M | -$6.29M | -$466K | -$1.23M | -$963K | -$568K |
| Cash at Beginning | $1.47M | $101K | $7K | $20K | $84K | $8.52M | $2K | $161K | $1.06M | $72K | $42K |
| Cash at End | $41K | $1.47M | $101K | $7K | $20K | $84K | $18K | $2K | $161K | $1.06M | $72K |